Thursday, December 06, 2018
NEW KCI AIRPORT UPDATE: KANSAS CITY REQUIRES $48-MILLION TO SAVE STALLED SINGLE-TERMINAL PROJECT FROM FAIL!!!
Today's airport meeting was a jovial affair and Council Dude Jermaine Reed got a new toy that he might or might not re-gift.
Of course we already know the stark reality . . . The airport is stalled and the only thing that's going to push it forward is something horrible that has the potential to deliver a major financial hit to KCMO.
The new KCI single-terminal airport needs $48-MILLION+ to keep moving given the long wait that contract negotiations and environmental approval is going to take . . . To get the money, City Hall must use "inter-fund" borrowing . . . AND YES, THAT INCLUDES MONEY FROM THE GENERAL FUND NO MATTER HOW MUCH MAYOR SLY AND COUNCIL LADY JOLIE JUSTUS DISAGREE!!!
Today committee members promised to keep looking at documents that really aren't worth the paper they're written on . . . The most important part of this project is spin and keeping the public stupid about how City Hall finances work.
Mayor James continues to repeat duplicitous claims about airport fund restrictions despite the fact that he has been proven wrong over and over again.
Meanwhile, with the exception of one other newsie . . . Most local media are content to repeat the lie that general fund cash won't be used for the new airport which is ABSOLUTELY INCORRECT AND NOTHING MORE THAN PROPAGANDA.
Here's where we stand now . . .
- There has been no progress with smaller airlines who don't want to pay the EPIC price tag.
- Bad planning and typically slow moving federal government authorities will keep environmental agreements moving at a snail's pace - This in and of itself constitutes a delay that City Hall also denies.
- Taxpayers will have to float this project to the tune of 48-MILLION BUCKS and so far there's NOTHING in writing that says taxpayers won't have to eat that money if something goes wrong.
Developing . . .